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Dec 6, 2012
12/12
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i support going back to the clinton levels. do you agree question mark >> i think we need to do both. if you are going down my path, we need both. there is no right to get to that number with tax reform alone. if you consider we will not take away a charitable deduction and if your goal is not to raise taxes from lower and middle- income houses. there is no way to do the arithmetic. there is no good way of doing it to raise that kind of revenue. we need to do both. we need tax reform and we need higher tax rates on upper-income households. >> it seems to me you could do the tax rates at the end of the year because then you could make the kind of deal that you want. to some of the closing of the loopholes. you could bring the corporate tax rate down and work on the debt by closing the loopholes and subsidies. tax reform as complicated. nail down a framework and then go to work and try to figure this out. in terms of corporate tax reform, that is absolutely necessary. the goal would be to make that revenue neutral. you want to br
i support going back to the clinton levels. do you agree question mark >> i think we need to do both. if you are going down my path, we need both. there is no right to get to that number with tax reform alone. if you consider we will not take away a charitable deduction and if your goal is not to raise taxes from lower and middle- income houses. there is no way to do the arithmetic. there is no good way of doing it to raise that kind of revenue. we need to do both. we need tax reform and...
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Dec 6, 2012
12/12
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host: what do you think about hillary clinton's future, hillary clinton in 2016? >> i think hillary clinton is the next logical step in a progressive society in america that we need. my grandfather was a democrat in delaware, he served two terms and i think -- i think she's what we really need. and i think that's what we need for the country to move ahead. host: steven an independent in connecticut. good morning to you. caller: good morning, thanks for taking my call. i really like hillary clinton, i think she's a hard worker, i think her old man is a hard worker too and whitewater was like three wars ago. it's a long time ago. but i'd like to see jeb bush also run against hillary clinton. i think those are two no nonsense personalities that can move our nation forward. thanks. host: so hey, steven, if jeb bush, if it's a bush-clinton race, for whom would you vote? caller: oh, gosh. i would lean toward jeb at this point because he has been really pushing education and education is one of my things. so right now he's got me. host: that's stephen, independent. who d
host: what do you think about hillary clinton's future, hillary clinton in 2016? >> i think hillary clinton is the next logical step in a progressive society in america that we need. my grandfather was a democrat in delaware, he served two terms and i think -- i think she's what we really need. and i think that's what we need for the country to move ahead. host: steven an independent in connecticut. good morning to you. caller: good morning, thanks for taking my call. i really like...
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Dec 4, 2012
12/12
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bush or president bill clinton, or president george w. bush or president barack obama, the truth is, at the time they were elected president, we as a nation, overall, got the president we deserved at that time. now, one of the most impressive speeches i've ever heard was given by senator barack obama at the democratic convention, and i love the way he talked about america coming back as one america. not a red america or blue america but america. just one country. and it's one of the things that i drew great hope from on 9/12 delsh 2001 as people of the country -- on 9/12/2001 as people of the country gathered around, as we did in our east texas town, and we all held hands and we sang hymns and patriotic songs and you look -- i look around the circle and was deeply moved because i knew that day there were no hyphenated americans. there were just americans. and we were together. and everybody standing there in that square holding hands, we shared the love for our country. we wanted to see it strong. we wanted to see it recover from that dev
bush or president bill clinton, or president george w. bush or president barack obama, the truth is, at the time they were elected president, we as a nation, overall, got the president we deserved at that time. now, one of the most impressive speeches i've ever heard was given by senator barack obama at the democratic convention, and i love the way he talked about america coming back as one america. not a red america or blue america but america. just one country. and it's one of the things that...
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Dec 6, 2012
12/12
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i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for the holidays at the end of the week next week, but majority leader eric cantor says the house will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so readily accessible other
i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for...
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Nov 30, 2012
11/12
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quadrupling under clinton, worse under bush, than it was at the beginning. job creation records under the clinton administration when you had the higher rate, under the bush administration, the only measure you're looking at, is it or is it not the worst since the great depression? obviously those who are paying the high rate have more of a financial interest in the stock market because there's a little bit of tax increase we're talking about, they will more than offset that by the stock market going up like it did under the clinton administration. if you look at the taxes they saved under bush, if they could have gotten the returns on the stock market under clinton they would have gotten 10 to 20 times more returns in the stock market than they played in lower taxes. ms. moore: we have heard people panicking saying, boy, between me and my husband, our household, we make $252,000 a year. what do we pay to someone, a family earning $252,000 a year, that you're going to pay the higher tax rates on $2,000 of your income? mr. scott: exactly right. it probably wo
quadrupling under clinton, worse under bush, than it was at the beginning. job creation records under the clinton administration when you had the higher rate, under the bush administration, the only measure you're looking at, is it or is it not the worst since the great depression? obviously those who are paying the high rate have more of a financial interest in the stock market because there's a little bit of tax increase we're talking about, they will more than offset that by the stock market...
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Dec 7, 2012
12/12
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear how the reserve would response to this. we need to scale back from the cliff. at the
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability....
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Dec 5, 2012
12/12
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secretary clinton was in algeria to discuss mali among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic magrab, the movement for unity and jihad in west africa known as mujoa and other affiliated groups have exploited the political unrest created by the march coup and the northern rebellion to expand their safe havens in northern mali and to impose their ideology on local communities throughout the northern part of the country. while these tactics remain alien to the vast majority of the population in the affected areas, aqim and majoa have established at least temporary relationships with a number of groups in northern mali and currently control the key cities of timbuktu, and nidal. any attempt to militarily oust aqim from the area must be african-led, it must be malian-led. it must be well planned, well organized and well resourced to be successful. military plans must also account for civilian security and h
secretary clinton was in algeria to discuss mali among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic magrab, the movement for unity and jihad in west africa known as mujoa and other affiliated groups have exploited the political unrest created by the march coup and the northern rebellion to expand their safe havens in...
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Dec 5, 2012
12/12
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bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting spent on other projects rather than going in the trust fund and being preserved. we didn't really have a surplus. we were spending social security and medicare revenues to create a surplus. but we did have some better years then. then we go into the bush years. this is important. 9/11 changed the way this country deals with national security. a lot of programs going on much to my surprise, mr. speaker, you remember, we create add brand new federal department with the republican house, republican senate, and republican president. we created a brand new entitlement program, me
bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting...
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Dec 4, 2012
12/12
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former chief of staff of bill clinton. john has to leave us early. we have the director of the urban institute's tax policy center. we'll see if you two disagree on anything. we have will marshal from the progressive policy institute. we have senator bob packwood from oregon, former chairman of the senate finance committee, part of the 1986 negotiations. and the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have an hour to an hour and a half. if you hear something you want to weigh in on, don't wait for me. we're talking now about the other very small issue in this issue and that is tax policy and how best to put the nation on a sustainable fiscal path. the question of revenue, how much, where to get it, the options on the table and would like your thoughts. as you heard from chairman bachus. they need ideas to bridge this gap because we appear to be at a stale mate. i turn it over to john to get your thoughts knowing he has to leave and the center for american progre
former chief of staff of bill clinton. john has to leave us early. we have the director of the urban institute's tax policy center. we'll see if you two disagree on anything. we have will marshal from the progressive policy institute. we have senator bob packwood from oregon, former chairman of the senate finance committee, part of the 1986 negotiations. and the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have...
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Nov 29, 2012
11/12
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president clinton trusted warren without question to get to the bottom and give him advice free of any personal agenda or partisanship. later as cochairman of the commission of national security with senator hart, he examined the state of homeland defense. he concluded it was terrible. nine months before 9/11, he recommended -- the homeland of security. it was not that he had some magic nearing to look around the corner of time. he looked hard at the facts. he was not afraid to draw the necessary and sometimes lonely conclusions. warren always look at the facts. like any great lawyer, that was his starting point. he was inpatient with ideology. he wanted the evidence and then you would jot his conclusions and chart his course. we would all do well to embrace today -- embrace that today. as a lawyer, he was a champion. he became the go to person for companies who need someone of impeccable and credibility to get to the bottom of some corporate mess and find out what happened and what needed to be done to make it right. he brought the same doggedness to the investigations as he did to hi
president clinton trusted warren without question to get to the bottom and give him advice free of any personal agenda or partisanship. later as cochairman of the commission of national security with senator hart, he examined the state of homeland defense. he concluded it was terrible. nine months before 9/11, he recommended -- the homeland of security. it was not that he had some magic nearing to look around the corner of time. he looked hard at the facts. he was not afraid to draw the...
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Nov 29, 2012
11/12
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thereafter with president bush who came after president clinton, sometimes economic policies say it's time for a rest. and those tax cuts, the top 1% and 2%, it is time for rest. and to be able to shore up, to say to every american that you will get a tax cut for $250,000 of your income which includes 97% of small businesses is a reasoned response to the changing economy and the protection of the safety net is a reasoned response to the changing economy and the recognition of the importance of social security, the recognition of the importance of medicare, medicaid and the recognition of the importance, if you're unemployed, extending the unemployment responds to the people who don't get their news on a regular streaming basis, they don't know what's going on up here. they're counting on us to stand in the gap and to make a difference in their life. some of them are working. some are on assistance, but they're not defined by anything that they are americans who love their country. and i hope as we go in threen we have the privilege of being -- 2013 we have the privilege of being sworn
thereafter with president bush who came after president clinton, sometimes economic policies say it's time for a rest. and those tax cuts, the top 1% and 2%, it is time for rest. and to be able to shore up, to say to every american that you will get a tax cut for $250,000 of your income which includes 97% of small businesses is a reasoned response to the changing economy and the protection of the safety net is a reasoned response to the changing economy and the recognition of the importance of...
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Dec 5, 2012
12/12
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on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be severe and difficult to reverse. causing consumers and businesses to retrench, dampening investment. a genie you could not put back in the bottle. guest: i think there is some basis for that. what's happened in congress, it's been dysfunctional, is that we are doing things not by steady negotiations but by super brinksmanship. that's what happened in the debt ceiling fight last august. that's what happened in the budget debate in december of 2011. when we went right up to the midnight hour to determine whether we were going to keep the lights on in government
on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be...
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Nov 29, 2012
11/12
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advancement in prevention have led to a turning point, the possibility, as secretary clinton said, and aids-free generation. however, cutting funding to international and domestic programs could very well turn back the clock. we must take action now to avoid the looming threat to more than one million americans, including more than 4,000 in my own district in illinois, who are living with hiv-aids. they can't afford the $538 million cut in sequestration that would affect our hiv-aids program. 15,708 people cannot afford to lose access to crucial lifesaving drugs. so let's stop these cuts and move forward towards an end to this epidemic. i yield back. the speaker pro tempore: the gentlelady's time has expired. for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, so ordered. ms. lee: thank you, mr. speaker. december 1 is world aids day. although every day is world aids day for the millions battling this epidemic on the frontlines. it's an important time, though, to reflect upon our loved
advancement in prevention have led to a turning point, the possibility, as secretary clinton said, and aids-free generation. however, cutting funding to international and domestic programs could very well turn back the clock. we must take action now to avoid the looming threat to more than one million americans, including more than 4,000 in my own district in illinois, who are living with hiv-aids. they can't afford the $538 million cut in sequestration that would affect our hiv-aids program....
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Dec 2, 2012
12/12
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[applause] >> secretary of state hillary clinton on this id to which in the middle east. after that, a congressional tribute to late senator warren redman then another chance to see first lady michelle obama showing the white house christmas decorations to military families. tomorrow on washington journal, paul weinstein, the former senior adviser to the simpson bowles commission, on the wall the commission's recommendations are playing in the ongoing negotiations concerning the fiscal cliff. from the government accountability office, they discussed the state of the facilities at guantanamo bay and the factors to be considered in moving detainee's stateside. and what did it did for near east policy, the latest from egypt after president mohammad morsi granted himself hoarse above the court. washington journal, live at 7:00 a.m. eastern on c-span. >> c-span, created by america's cable companies in 1979, brought to you as a public-service by your television provider. >> now secretary of state hillary clinton talks about her recent travels to the middle east to help broker a
[applause] >> secretary of state hillary clinton on this id to which in the middle east. after that, a congressional tribute to late senator warren redman then another chance to see first lady michelle obama showing the white house christmas decorations to military families. tomorrow on washington journal, paul weinstein, the former senior adviser to the simpson bowles commission, on the wall the commission's recommendations are playing in the ongoing negotiations concerning the fiscal...